FNMA v. MIRABELLA

No. 4D15-4792.

204 So.3d 164 (2016)

FEDERAL NATIONAL MORTGAGE ASSOCIATION, Appellant, v. MIRABELLA AT MIRASOL HOMEOWNERS' ASSOCIATION, INC., Appellee.

District Court of Appeal of Florida, Fourth District.

November 23, 2016.


Attorney(s) appearing for the Case

Dariel Abrahamy and Aaron Williams of Greenspoon Marder, P.A., Boca Raton, for appellant.

Ryan M. Aboud and Keith F. Backer of Backer Aboud Poliakoff & Foelster, LLP, Boca Raton, for appellee.


The question in this appeal is one of first impression in Florida: which word does the word "initially" modify in the statute limiting liability of a first mortgage holder for certain homeowner association assessments? Because we believe the trial court correctly construed the statute by applying that word to the...

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